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EURUSD CPI has confirmed the story already written!

On EURUSD, we have a bullish setup with the price currently in a buying zone, within which there are two more. The price retraced to an uptrend line and is gearing up for a significant upward movement. This movement has been confirmed by the market after the Consumer Price Index (CPI) data, despite positive data for the dollar, showing that an algorithm is actually pulling the strings, and the story has already been written. In fact, the CPI only caused a temporary downward volatility to further validate the entire area. So, what can we say? We're awaiting the European Central Bank (ECB) tomorrow, but the setup is bullish, and there's little more to add. Target at 1.08 with a stop below 1.07. Let me know what you think. Leave a like and comment to support our work. Happy trading, everyone.